DALLAS—GuideStone Funds has become the first ever Christian-based, socially screened fund family to win the prestigious Lipper trophy for Best Overall Small Fund Group in the United States, ranking No. 1 out of 182 eligible companies. (Lipper classifies fund families with up to $40 billion in assets under management in its Small Fund Group.)
“The Lipper Award for Best Overall Small Fund Group recognizes a standard of excellence that we pursue every day as we seek to honor the Lord and enable our faithful participants to invest according to their biblical principles,” said O.S. Hawkins, president and chief executive officer of GuideStone Financial Resources, which received the honor March 8 in New York at the annual Lipper Award dinner sponsored by The Wall Street Journal, Thomson Reuters and Investment News. The firm was honored for its consistently strong investment performance across broad asset classes.
“People often think that they have to compromise biblical integrity for investment performance,” said Roddy Cummins, vice president and chief investment officer of GuideStone Funds. “We are dispelling that myth, which is evidenced by the Lipper trophy,” added Cummins, who was quick to first thank the Lord for his favor, and then recognize the daily collaborative efforts of the 450 employees at GuideStone, as well as the team of outside sub-advisors to the fund group.
GuideStone Funds has achieved its leading level of excellence through a sophisticated, proprietary manager-of-managers investment strategy that leverages what GuideStone believes to be the best possible intellectual capital worldwide. The 27 funds in the GuideStone Funds group are managed by more than 20 professionals dedicated to GuideStone’s investment process and committed to GuideStone’s biblically based, social-screening guidelines.
“Lipper is pleased to recognize GuideStone Funds as this year’s recipient for the Best Overall Small-Group Fund award,” said Jeff Tjornehoj, head of Americas Research with Lipper. “This is the first time that a socially responsible investing fund group has won the award. Twenty-eleven was a challenging year for the industry; GuideStone and all our winners should be congratulated for their achievements.”
“The Lipper Award is a very meaningful accomplishment professionally for our team, but most importantly it brings honor to the Lord and encouragement to our client base that is faithfully fulfilling their call to Christian ministry or raising their family on biblical values,” Cummins said. “It’s a joy to receive this award on behalf of the pastors, church workers, missionaries and others who are invested in GuideStone Funds. While they are out there living their lives and doing their work for God’s kingdom, we strive to enhance their financial security by delivering the highest quality investment program that reflects their biblical values,” Cummins concluded.